Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Chef Ramsay]

so gbtc seems to start according to twitter post

Eligible $GBTC shareholders are in receipt of instructions on how to deposit their shares into their investment accounts.

https://twitter.com/GrayscaleInvest/status/591713454400139265

[ChartBuddy]

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[Morecoin Freeman]

This shit will skyrocket. Mark my words.
I wish I could buy even more.

[SkyValeey]

This shit will skyrocket. Mark my words.
I wish I could buy even more.

Rocket without Willy?

[Elwar]

Isn't LGBTC that BitShares scam?

edit: Oh, I see...BitTrust not Shares. Good news then. Glad my bitcoin paycheck went through today.

[Norway]

so gbtc seems to start according to twitter post

Eligible $GBTC shareholders are in receipt of instructions on how to deposit their shares into their investment accounts.

https://twitter.com/GrayscaleInvest/status/591713454400139265

I don't know how to interprete that. They didn't have the instructions before on how to deposit their shares into their investment accounts?

But I take it as progress! 

Mabybe we have the perfect storm in combination with this (Very good, almost radical Bloomberg article):
http://www.bloomberg.com/news/articles/2015-04-23/negative-interest-rates-may-spark-existential-crisis-for-cash

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[JayJuanGee]

This shit will skyrocket. Mark my words.
I wish I could buy even more.

Rocket without Willy?

I'm looking forward to this proposed "skyrocket" ; however, I am curious concerning WHEN?   

To me, it makes a difference if the "skyrocket" comes in the next few months or in the next few years.

[Dilla]

This shit will skyrocket. Mark my words.
I wish I could buy even more.

Rocket without Willy?

I'm looking forward to this proposed "skyrocket" ; however, I am curious concerning WHEN?   

To me, it makes a difference if the "skyrocket" comes in the next few months or in the next few years.

I'm going to guess May-September we'll see significant movement up.

[greenlion]

If bitcoin is to succeed, then these points must be argued against. But that rarely happens. The poster will be simply called a troll, a few ad hominen attacks on him and then put on a stupid, pointless ignore list.

The sad thing is that even the most rabid bitcoiners find it difficult to string a few words together into a logical argument to defend bitcoin. Thats what worries me most.

There's a world of difference between genuine argument, discussion, debate, etc., and humoring someone with a proven track record of shameless concern-trolling.

The misguided "professor" in question is an inveterate Buttcoiner through and through, believes that Bitcoin is inherently a scam, yet feigns airs of curiosity and moderation to suck people into his egotistical troll web. He has very predictable patterns of disingenuously just "asking questions" as troll bait to setup pre-conceived wall of text rants.

It's impossible to really engage this kind of mentality because he bombards you with a sheer volume of pointless text that is too exhausting for anyone sincere to deal with, whereas the troll revels in this imaginary domination of people on the internet on the basis of nothing. You can confront this kind of person with facts and arguments all you want, and he repays you with passive-aggressive self-deprecation. No amount of rationalization for this behavior as some kind of self-appointed do-gooder obligation overcomes the natural reaction that such a toxic participant can fuck right off.

[Alley]

Heres the email i got.

Dear shareholder. Input this command to move your gbtc shares.  Up up down down left right left right A B select start.

Ill put up my ask on monday.

[ChartBuddy]

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[Omikifuse]

This shit will skyrocket. Mark my words.
I wish I could buy even more.

Rocket without Willy?

I'm looking forward to this proposed "skyrocket" ; however, I am curious concerning WHEN?   

To me, it makes a difference if the "skyrocket" comes in the next few months or in the next few years.

I'm going to guess May-September we'll see significant movement up.

No movements until very late in this year.

Even the trolls will give up and this thread will sink to page 10.


Then BTC will skyrocket again

[ChartBuddy]

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[JorgeStolfi]

The misguided "professor" in question is an inveterate Buttcoiner through and through, believes that Bitcoin is inherently a scam, yet feigns airs of curiosity and moderation to suck people into his egotistical troll web. He has very predictable patterns of disingenuously just "asking questions" as troll bait to setup pre-conceived wall of text rants.

I am not feigning anything; my signature says what I think.  You know my name, my job, my face, my opinions.

Bitcoin was not meant to be a scam, but it has become one.

"Misguided" is what I see most among bitcoiners: partly because of wishful thinking, partly because the snake oil salesmen try their best to hide the truth and spread lies (like "China is not important", "adoption is increasing", etc.).

I contribute serious stuff to /r/bitcoin and make fun of bitcoiners on /r/buttcoin.  The latter I consider myself to be fully entitled to, as a small compensation for the insults that I get here, on reddit and on twitter -- merely for, once in a while, writing some unpleasant truths about bitcoin.

[bad trader]

Anyhow, monkey sees 2-3 hours of downside intraday, followed by another attack on resistance at 237 on the daily chart, which seems likely to succeed this time; but, 296 is almost certain to hold, if it is even achievable before the run down to 180 which monkey expects on the weekly chart.

I'm not impressed.

[Chef Ramsay]

Anyhow, monkey sees 2-3 hours of downside intraday, followed by another attack on resistance at 237 on the daily chart, which seems likely to succeed this time; but, 296 is almost certain to hold, if it is even achievable before the run down to 180 which monkey expects on the weekly chart.

I'm not impressed.

Yeah, that was what I was thinking at about 3pm est, not even sure about the 296 thing. I was just assuming the dude had a bot running and somehow was able to forecast based upon that. I then looked at the different charts and thought that I'd throw in the towel on this one.

[ChartBuddy]

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